30 Aug '11, 7am

Will the G20 Agree a Venture Philanthropy Tax? - Justmeans

Will the G20 Agree a Venture Philanthropy Tax? - Justmeans

Welcome to the future a world of venture philanthropy, where globally governments levy a small tax on financial transactions that will stop hunger in Africa and give people the medicines and health care they require in the developing world. This new world could just be around the corner as a new report just published looks at the rapid increases in high frequency trading (HFT), which has created a dangerously unstable web of computer-driven trading that spans global stock markets, putting them at risk of a system-wide 'flash crash'. HTF has the potential to cause havoc in markets for commodities that are central to our economies and the lives and well-being of hundreds of millions of people.

Full article: http://www.justmeans.com/Will-G20-Agree-a-Venture-Philant...

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